UnionBank shall be having another Special Public Auction of foreclosed real estate properties on March 24, 2012, Saturday, 9:00am, at the 29th Floor, UnionBank Plaza, Meralco Avenue corner Onyx Road, Ortigas Center, Pasig City, Philippines. This is their 183rd Special Public Auction. The public auction includes properties from Metro Manila and Luzon areas.
Checkout the complete list below for more details.
For interested bidders
Interested bidders only need to bring Php20,000 show money per property in the form cash or manager’s checks to qualify to bid.
UnionBank still offers what a lot of people refer to as “buyer friendly payment terms” which can be seen as follows:
- Downpayment: 10% DP (6 months to pay, zero-interest)
- Interest: 11% per annum (fixed for 15 years)
- Term: 15 years (maximum) thru in-house guaranteed financing
Cash buyers also get a big 5% discount. (for example, cash buyers will get a Php50,000 discount for a property priced at Php1,000,000)
Download the complete list of foreclosed properties!
Just click on the image below to view, then right-click to save.
Who to contact
For inquiries, please contact UnionBank through the following:
- Mobile Nos. 0920-96 ASSET (27738) / 0917-81 ASSET (27738)
- LANCE 637-1445 or 667-6388 local 8362
- ERIQ 638-1445 or 667-6388 local 8373
- DORIS 638-0125 or 667-6388 local 8358
- RAP 667-6388 local 8364
- RONALD 637-1445 or 667-6388 local 8372
- GEL 667-6388 local 8374
- JENNY 637-1441 / 667-6388 local 8376
- LUI 637-1441 / 667-6388 local 8371
What happened during the last auction
I attended the 181st auction last February 25, 2012 and I must say it was one of the quickest auctions I have ever attended. It was practically done in less than 45 minutes and I had a chance to chat with the nice people from UnionBank and I also met readers of foreclosurephilippines.com, including a client. 🙂
Anyway, if you are planning on attending the auction this coming Saturday, I would be more than glad to assist you as I will also be attending. Just let me know by leaving a comment below.
The “fine print”
Commercial properties are subject to credit approval
CWT is for the account of the buyer
The sale is on an “as is where is” basis
Misprints are not misrepresentation of any property
UnionBank may, at anytime, withdraw any of the properties listed above prior to auction
To our success and financial freedom!
Real Estate Investor
PRC Real Estate Broker License No. 3194
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Text by Jay Castillo and Cherry Castillo. Copyright © 2008 – 2012 All rights reserved.
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